ETHEUR
Ethereum / Euro
cryptoOKX

>**Chainlink throws the dice,** >**The right liquidation price,** >**Litigate with spice.** ~Daily haiku until we’re at least at 0.178 on the ETH/BTC ratio or highest market cap

The raw queue size sounds dramatic, but the more useful question is what share of total staked ETH it represents and how quickly the queue is clearing. A larger exit queue doesn’t automatically mean validators are abandoning Ethereum - some exits can be routine rebalancing, withdrawals, or profit-taking.

> on-chain metrics & liquidity You put ETH in category C... * There is more value in Stablecoins on Ethereum than on every other chain combined, even if you count Ethereum's rollups (Arbitrum, Base, Optimism etc) as part of the 'Other Chains' category: https://visaonchainanalytics.com/supply * There is more value in DeFi on Ethereum than on every other chain combined, even if you count Ethereum's rollups (Arbitrum, Base, Optimism etc) as part of the 'Other Chains' category: https://defillama.com/chains > market sentiment & narrative * Blackrock, the biggest asset manager in the world has built multiple projects tokenizing traditional financial assets on Ethereum: https://ethereumadoption.com/built-on-ethereum?view=byEntity#entity-blackrock * UBS, the biggest wealth manager in the world has built multiple projects tokenizing traditional financial assets on Ethereum: https://ethereumadoption.com/built-on-ethereum?view=byEntity#entity-ubs * JP Morgan, the biggest bank in the world by market capitalization has built multiple projects tokenizing traditional financial assets on Ethereum: https://ethereumadoption.com/built-on-ethereum?view=byEntity#entity-jpmorgan * Fidelity, the 3rd biggest asset manager in the world has built multiple projects tokenizing traditional financial assets on Ethereum: https://ethereumadoption.com/built-on-ethereum?view=byEntity#entity-fidelity What narrative do you think other projects have that is more convincing than literally the biggest financial institutions in existence choosing to deploy there?

agreed. ETHBTC not breaking out this cycle would mean under-performing BTC for 2 cycles in a row and, as far as I am concerned, refute the ETH investment thesis. In this case I would commit sudoku

I remember there was some hype around new groups that was created this past year, with the mission of marketing ETH and focusing on attracting investors / capital. Anyone that has followed them? How are they doing? Are they actually doing something?

I wouldn't put much stock into criticism that equates buying bitcoin with straight up gambling. It'll always be volatile and should be a smaller part of a portfolio, but it's not equivalent to buying a lotto ticket or playing roulette. It was early on but that ship has sailed long ago. It's has such a brand name that it's not reasonably disappearing overnight, regardless of what any other altcoins do or crypto people try to pump their own coins. 2% is not enough to be "significant" or over-allocated or what is now a fairly stable investment (it went between 60-80k the entire year so far, gold had bigger swings). If you had a $1m portfolio having 1/2 or 1/4 a bitcoin and some ETH is totally reasonable, the risk:reward is worthwhile. And so far treating bitcoin like any other investment (buying over time and not trying to time it) has a strong track record now. Any bitcoin purchased over the summer is doing pretty well about now.

Ethereum doesn't even need L2s to be successful. It's an incredible offer if you think about it. You get the massive security of ETH, arguably the best in all of crypto with the possible exception of BTC, without having to think about any of the complicated aspects of blockchain management, decentralization, validator clients etc. and all it costs you is a very moderate fee, several orders of magnitude below the cost of an L1. Ethereum is fine with that offer just being out there. Whether base or robinhood succeed doesn't really matter, that's their problem. In the future we won't even talk about L2s being on Ethereum, where else would they be? It's the only game in town and it'll be basic infrastructure.

Yeah and concentrated liquidity makes it worse, a tight range earns more fees but also gets hit way harder when the pair moves. If OP wants to try LPing without that pain, correlated pairs like ETH/stETH or stable/stable barely diverge, so the fees actually stick.

nah. $BTC is going to moon and drag ETH up with it. ETH will shine AFTER Bitcoin leads for a while longer. ETH holders should welcome this. Saylor, other treas companies and the US treasury are working togethertomake TC a mainstream investment, and the collateral for high yield instruments that are backed by BTC but less volatile.

When I read what many people on Reddit are saying about the future of Ethereum, I notice how often the discussion focuses on potential price targets above the crab. People are talking about Uptober, $10,000, and in some cases even $25,000 for ETH. At the same time, RAY has been in a downtrend for years, and that trend has yet to be sustainably broken. Simply hoping for $5,000+ while ignoring RAY feels very short-sighted to me. A much healthier development for Ethereum would be a strong rise in RAY, even if the dollar price barely changed as a result. That would show that Ethereum is actually gaining strength within the crypto market again. Of course, many people are right when they point out that Bitcoin has a huge investor lobby and a very strong narrative behind it. But this is also where I see a flaw in the assumption that Ethereum will gain long-term adoption simply because of its utility and technological development. Technological relevance does not automatically translate into financial relevance for the asset. The worse ETH performs against Bitcoin over the years, the harder it becomes to convince investors that ETH is the more attractive long-term investment. That is why I believe Ethereum needs more than technology and real-world utility. It needs a strong narrative, clear positioning, and significantly more attention from investors. I find it unlikely that Ethereum can thrive in the long run without a strong lobby, serious marketing, and a meaningful evolution of its narrative. For me, the important question is therefore not whether ETH eventually reaches $5,000, $10,000, or $25,000. What matters is whether Ethereum can regain its relative strength against Bitcoin. A rising RAY would be a far more convincing signal to me than any arbitrary dollar price target. //Thoughts translated by AI as I am no native English speaker.//

Alt season didn't die, it got split 100 million ways. In 2021, new money had a few thousand coins to go into. Now every rally gets spread across thousands of new memecoins launched the same week, so no single coin gets much of it. ETFs changed things too. A lot of people who'd have bought BTC, then ETH, then moved into smaller coins now just buy a Bitcoin or Ethereum fund through their broker and stop there. That money never reaches the rest of the market. My guess is the next one looks more like stock picking. Coins with actual revenue that use it to buy back their own token will probably do well, and most of the rest won't. Fewer coins going up, but the ones that do have a real reason to.

Great result only 50 % down in 5 years ETH/BTC

I'm actually more qualified to talk about this than most redditors.I'm employed with a cyber-techno machinations company, I do a lot of security analyst programming type work. Open source, decentralized, APIs, partnerships, you name it. We'd be one of the first companies in line for something like Chainlink, if the decentralized smart contract space had more value over traditional data exchanges. There's a catch though, an underlying flaw more deeply embedded in the bedrock of LINK than the very code itself. The flaw is with the concept, and it's this: Companies won't actually go through the hassle of trusting their data API's through crypto. Now I can already hear your keyboards going frantic, but hear me out. /r/cryptocurrency hates banks, and traditional data providers. But actual companies, businesses, and investors do not. There's an old saying you might have heard of: "If it ain't broke, don't fix it!". The idea that any of our bosses would give us the go ahead if we approached them to put our companies valuable data in a smart contract on a cryptocurrency called Chainlink, that they've never heard of, we'd be laughed out at best and fired on the spot at worst. We already have API data buyers and providers we trust. 'But Chainlink is trustless!' I hear you cry, but is that really a good thing? Just listen to the sound of it. Businesses don't want to spend millions of dollars on something that is trustLESS, they want something trustFUL. 'But the reputation system!', doesn't that defeat the whole point of your coin? If companies only trust nodes with high reputation, what's the difference between trusting banks and data providers that already have reputation, but in real life not on a computer screen. The fact is, LINK is going to share the same fate as ETH will. A lot of 'real world application' hype, with a lot of 'crypto world application' reality. Only, this billion supply coin isn't going to come close to the $1k that Etherum hit.

Did you continue buying while it was down so low to lower your average cost??? When things go deep red and I know they will come back like ETH or BTC, xrp or Solana as examples, I will buy every leg down to lower my cost averaging. Started buying when btc hit $68k and bought all the way down to $58k every red day even if it was just $20 I would buy. Got my average cost down to $62,240 that way. Had you done this you’d almost certainly be in profit right now

All these staking numbers are impressive but the market just doing its own thing. Price is more about liquidity and speculation right now, not so much about network fundamentals. In few years when people realize how much ETH is locked up, could be a very different story.

The native token of blast is ETH. I think you don't understand the question.

Probably if Trump promise everyone 5k ETH if you vote for him…😆

ETh don’t have to use the latest and greatest. The computing issue for ETH has already been solved. It a decentralized structure where AI is centralized to one or two data centers. Instead of having a datacenter Indiana. It’s all over the world. Our computing problems have already been solved. Going decentralized you have to spread the wealth. People up top don’t like that idea

Holy crap, all those old projects are dying off and if you said this a few months ago, massive downvotes, but what will be left? BTC and ETH. Vechain still my biggest mistake but not because it's half dead if not dead, but I didn't sell at the top and panic sold it just before on pandemic day dive.

So I'm been listening American Kingpin audiobook about Ross Ulbricht. Great so far. Anyways it got me thinking about where crypto is headed. I remember when I got into crypto in 2017, what really was exciting to me was some of the libertarian views that Ross had. I could move money with Bitcoin to a political cause that maybe my government didn't agree with, I could avoid being cut off from the banking system like they did to the Canadian Truckers, I could move money 24/7/365 even on a banking holiday. The next evolution was my obsession with Ethereum, the same properties of Bitcoin but the ability to get loans, tokens, and more. It's about being neutral and censorship resistant. The fact that Bitcoin and Ethereum are 1 and 2 by market cap, you can see the market values these properties. The next evolution of this to me is censorship resistant ai compute. I have been an avid Claude user for a long time. Fable is the first model while very smart has so many guardrails. I think we are going to start to see a widening gap of open source models with no or little guardrails and closed source frontier models. Both will be smart but one will question or not do what you want and eventually could start reporting you. Think models that can make a Harry Potter fan fic or other copy righted movie from a prompt. Claude, openai, google, aws, etc will not and cannot host these models. My wife just watched a 2.5 hour film of something similar from Ai. While I think Ethereum will remain the default smart contract platform for coordination I am considering investment in the two most censorship resistant dePIN tokens that will be or could be shovels for decentralized ai compute. Arweave for storage and Akash for decentralized compute. Would love thoughts on this thesis, agreeing or disagreeing. I bought a decent enough SOl when it was $5 each when I a similar thesis (just trying to understand where the market was going) that ETH fees were too high and slow and that L2s were not ready. Which I sold all around 100 to 150 to buy more ETH. That was a crypto trend, an ai trend could incorporate a lot more people and hype.

What ever happened to EOS? It surpassed the market cap of ETH (I think… it was at least in the top 5 or 10) and then I stopped paying attention to crypto for like 7 years

I do, granted it is for crypto (BTC and ETH) which are much more volatile so I use daily rather than weekly DCA. For stocks and ETFs I just have Edward Jones to a monthly. I'm not a bot, much too old and crotchety, that doesn't mean OP isn't. There are those of us who DCA daily (also EJ won't touch crypto, so they told me to use my play money/gambling money for that).

Right now my rule-based regime tracker still has BTC, ETH and BNB in a sideways regime. I'd rather wait for an actual regime shift than assume a rally from a calendar pattern alone.

I think it’s less of what could go right but more of what has gone wrong being lifted e.g. macro conditions, global wars and uncertainty, AI taking up less of the oxygen, less hyper-gamification ect. Ethereum is crushing it. ETH will catch up.

That makes sense... the sample-size penalty from explicit conditioning is a pretty strong tradeoff, especially across 87 strategies. I like the distinction you're making between a legitimate regime transition and behaviour drifting within an otherwise similar state. In the rule-based BTC/ETH/BNB system I've been working on, I've found it useful to keep regime detection separate from a few diagnostics like turnover, exposure and holding time. That way those metrics can act as an early warning that behaviour is changing inside a familiar regime, without forcing the whole reference set to be explicitly conditioned. That seems quite close to the failure mode you're trying to isolate here.